Purchase of Own Securities

Schroder UK Growth Fund PLC
8 April 2002

                                                                    8 April 2002

                      Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 5 April 2002 the Company purchased
a total of 63,000 shares for cancellation at a price of 103.50 pence per share.
Following this purchase, there are a further 177,061,746 shares in issue.



Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]



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